The board of directors of the Bolina Holding Co., Ltd. expects to record a decrease in the profit attributable to shareholders by approximately 15% to 25% for the six months ended 30 June 2015, as compared to the corresponding period in 2014. The expected decrease in the profit attributable to shareholders for the six months ended 30 June 2015 is mainly attributable to the increase in taxation expense, the increase in operating expenses resulted from the newly acquired property development company, as well as the decrease in revenue. As taxation expense for the first half of 2014 was impacted by the reversal of withholding tax provision previously provided for dividend, taxation expense and the effective tax rate for the six months ended 30 June 2015 increased as compared to the corresponding period last year.